EPAM Systems, Inc. (NYSE:EPAM) is considered one of the Best Affordable AI Stocks to Buy. William Blair maintained a Buy rating on the stock with no specified price target. In Q2 FY2025, EPAM exceeded revenue estimates by $20.09 million, achieving a 5.3% organic revenue growth from the previous year.
Maggie Nolan from William Blair praised EPAM’s strong financial performance and strategic initiatives in Q2 FY2025. The company reported revenue of approximately $1.35 billion, marking an 18% year-over-year increase. EPAM experienced its third consecutive quarter of positive organic growth, with a 5.3% growth from the prior year.
EPAM Systems anticipates a year-over-year growth rate of 13-15% in FY2025, with organic revenue expected to grow between 3-5%. The company’s positive outlook is supported by its consistent organic growth and above-consensus guidance for Q3 FY2025.
EPAM Systems, Inc. (NYSE:EPAM) is a digital engineering and AI transformation services provider. While EPAM shows promise as an investment, other AI stocks may offer greater potential. Investors seeking undervalued AI stocks can explore opportunities in a free report on the best short-term AI stock.
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Read more at Yahoo Finance: William Blair Retains Buy Rating on EPAM Systems Following Q2 FY2025 Results
